1101 Chavez Drive, Flint, MI

Industrial for Sale - $295,000 - 48,452 Sq. Ft. on 3.36 acres

Agent Info

Debi Roks

Property Info

  1101 Chavez Drive
  Flint MI 48503
UpdatedMay 6th, 2020
Building48,452 Sq. Ft.
Land3.36 acres


Property Description


The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.

Property Highlights:

-Total square footage is ±48,452 SF which is made up of 3 buildings with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF

-Located Near the Mahindra Buick City Project

-Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens

-Ideal logistics center, storage facility, R&D Center, or housing redevelopment

-Cash flow-in place: ±19% leased (garage building) with a $30,000/yr NOI ($3.25 psf NNN)

-Armory consists of a large gym, multiple classrooms, commercial kitchen and lunch hall as well as stables, bowling alley, shooting ranges and hands-on training rooms

-Ready facility for repairing trucks and rigs with over $1M invested by State of Michigan

±3.36 Acres of fenced and military secure paved yard

MINIMUM BID: $295,000; BID DEADLINE: July 16th at 5:00 pm ET. For more property information, auction details and to register to place a bid, visit www.FRE.com/307D7

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